It takes a little time, but the best way to save on car insurance rates in Las Vegas is to start doing a yearly price comparison from providers in Nevada. Drivers can shop around by following these guidelines.
- First, take a few minutes and learn about how insurance companies determine prices and the things you can control to prevent expensive coverage. Many rating factors that result in higher rates such as speeding tickets, careless driving and an unacceptable credit rating can be amended by paying attention to minor details. Keep reading for additional tips to find cheap rates and find additional discounts.
- Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from a single company like GEICO or Allstate, while agents who are independent can give you price quotes for a wide range of companies. View prices
- Third, compare the new rate quotes to your existing policy to see if switching to a new carrier will save money. If you can save money and buy the policy, make sure there is no coverage gap between policies.
- Fourth, notify your agent or company to cancel your current auto insurance policy and submit a down payment and signed policy application for the new coverage. Once received, keep the new proof of insurance paperwork in an accessible location in your vehicle.
A tip to remember is to make sure you enter the same coverage limits and deductibles on each price quote and and to get rate quotes from every insurance company. This ensures a level playing field and a thorough selection of prices.
Everyone knows that auto insurance companies want to keep you from shopping around. Consumers who shop around once a year are likely to switch auto insurance companies because there are good odds of finding lower prices. A recent survey revealed that consumers who routinely shopped for cheaper coverage saved over $3,400 over four years compared to those who don’t regularly compare prices.
If finding low prices for Chevy Cobalt insurance is your intention, then having some knowledge of the best way to compare insurance rates can make it easier to find better rates.
Companies offering Chevy Cobalt insurance in Nevada
The companies shown below are ready to provide free quotes in Nevada. In order to find the best car insurance in Las Vegas, we suggest you get rates from several of them to get the best price comparison.
Insurance rate breakdown
The data table shown below showcases different insurance costs for Chevy Cobalt models. Learning how car insurance premiums are established helps drivers make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $180 | $480 | $334 | $20 | $100 | $1,114 | $93 |
| Cobalt XFE 4-Dr Sedan | $180 | $480 | $334 | $20 | $100 | $1,114 | $93 |
| Cobalt LS 2-Dr Coupe | $206 | $480 | $370 | $22 | $110 | $1,188 | $99 |
| Cobalt XFE 2-Dr Coupe | $206 | $480 | $370 | $22 | $110 | $1,188 | $99 |
| Cobalt LT 4-Dr Sedan | $206 | $480 | $334 | $20 | $100 | $1,140 | $95 |
| Cobalt LT 2-Dr Coupe | $234 | $480 | $370 | $22 | $110 | $1,216 | $101 |
| Cobalt SS Turbo 2-Dr Coupe | $260 | $624 | $370 | $22 | $110 | $1,386 | $116 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Table data does not factor in garaging location in Las Vegas which can affect price quotes noticeably.
Higher deductibles save money
One common question asked by Las Vegas drivers is the level to set your comp and collision deductibles. The rates below may aid in understanding the costs and benefits when you select higher and lower deductibles. The first table uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $208 | $472 | $348 | $20 | $104 | $1,177 | $98 |
| Cobalt XFE 4-Dr Sedan | $208 | $472 | $348 | $20 | $104 | $1,177 | $98 |
| Cobalt LS 2-Dr Coupe | $238 | $472 | $386 | $22 | $116 | $1,259 | $105 |
| Cobalt XFE 2-Dr Coupe | $238 | $472 | $386 | $22 | $116 | $1,259 | $105 |
| Cobalt LT 4-Dr Sedan | $238 | $472 | $348 | $20 | $104 | $1,207 | $101 |
| Cobalt LT 2-Dr Coupe | $268 | $472 | $386 | $22 | $116 | $1,289 | $107 |
| Cobalt SS Turbo 2-Dr Coupe | $300 | $616 | $386 | $22 | $116 | $1,465 | $122 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $168 | $382 | $348 | $20 | $104 | $1,022 | $85 |
| Cobalt XFE 4-Dr Sedan | $168 | $382 | $348 | $20 | $104 | $1,022 | $85 |
| Cobalt LS 2-Dr Coupe | $194 | $382 | $386 | $22 | $116 | $1,100 | $92 |
| Cobalt XFE 2-Dr Coupe | $194 | $382 | $386 | $22 | $116 | $1,100 | $92 |
| Cobalt LT 4-Dr Sedan | $194 | $382 | $348 | $20 | $104 | $1,048 | $87 |
| Cobalt LT 2-Dr Coupe | $218 | $382 | $386 | $22 | $116 | $1,124 | $94 |
| Cobalt SS Turbo 2-Dr Coupe | $244 | $496 | $386 | $22 | $116 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Rate quotes do not factor in specific Las Vegas garaging location which can alter coverage prices considerably.
Based on this data, using a $250 deductible will cost you about $14 more each month or $168 a year than choosing the higher $500 deductible. Since you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to go at a minimum 18 months between claim filings, you would probably save some money if you choose a higher deductible.
How to calculate deductible break even period
| Average monthly premium for $250 deductibles: | $105 |
| Average monthly premium for $500 deductibles (subtract): | – $91 |
| Monthly savings from raising deductible: | $14 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $14 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
One important issue to know is that a higher deductible level means you will have to pay more of your own money when you have a comprehensive or collision claim. You need to make sure you have some funds available in the event you have to pay the deductible.
The chart below illustrates how choosing a deductible and can influence Chevy Cobalt insurance rates for different age groups. The rates are based on a single male driver, full coverage, and no policy discounts are applied.
Car insurance discounts help lower rates for Chevy Cobalt insurance in Las Vegas
Some companies don’t always publicize every discount very well, so below is a list both well-publicized and also the more inconspicuous credits that may apply to you. If they aren’t giving you every credit possible, you are paying more than you should be.
- Savings for New Vehicles – Adding a new car to your policy can be considerably cheaper because new vehicles keep occupants safer.
- Anti-theft Discount – Cars and trucks optioned with advanced anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
- Homeowners Savings – Owning a house in Las Vegas may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
- E-sign – Some car insurance companies will discount your bill up to fifty bucks simply for signing over the internet.
- Defensive Driver Discount – Successfully completing a course teaching driver safety skills is a good idea and can lower rates depending on where you live.
- Multiple Policy Discount – If you combine your auto and homeowners policies and insure them with the same company you may earn approximately 10% to 15%.
A quick disclaimer, most of the big mark downs will not be given to the entire cost. Most only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, nobody gets a free ride.
The diagram below visualizes the comparison of Chevy Cobalt auto insurance costs with and without discounts being applied to the rates. Data assumes a female driver, a clean driving record, no claims, Nevada state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-policy, marriage, multi-car, and claim-free discounts applied.
A partial list of companies that may offer many of the previously listed discounts may include but are not limited to:
It’s a good idea to ask each company or agent which discounts you qualify for. Some credits might not be offered on policies in Las Vegas. If you would like to choose from a list of car insurance companies that offer some of these discounts in Las Vegas, follow this link.
Insurance agents near you
Some people just want to get advice from a local agent and that is a personal choice. Good agents can point out coverage gaps and will help you if you have claims. The biggest benefit of getting free rate quotes online is that you can obtain cheap insurance quotes but also keep your business local. Putting coverage with local agents is definitely important in Las Vegas.
After completing this form (opens in new window), the quote information is transmitted to companies in Las Vegas that give free quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to drive around since rate quotes are delivered directly to your email. If you need to get a comparison quote from a specific insurance company, you would need to search and find their rate quote page and complete a quote there.
Listed below is a short list of auto insurance companies in Las Vegas that can give you rate quotes for Chevy Cobalt insurance in Las Vegas.
- Estrella Auto Insurance
2349 E Bonanza Rd – Las Vegas, NV 89101 – (702) 671-4081 – View Map - Las Vegas Auto Insurance
1953 N Decatur Blvd – Las Vegas, NV 89108 – (702) 570-5777 – View Map - Estrella Insurance Services
3700 E Charleston Blvd #130 – Las Vegas, NV 89104 – (702) 382-1177 – View Map - Balsiger Insurance
3481 E Sunset Rd #100 – Las Vegas, NV 89120 – (702) 220-8640 – View Map
Picking an insurance company requires more thought than just a cheap quote. Here are some questions to ask:
- Which members of your family are coverage by the policy?
- Can you use your own choice of collision repair facility?
- Do they offer rental car reimbursement?
- Does the agent help file claims?
- Are you getting all the discounts the company offers?
- Is auto insurance their primary focus in Las Vegas?
Upon getting good answers as well as a price you’re happy with, you have narrowed it down to an insurer that can be relied on to properly service your insurance policy. But remember, once you purchase a policy you can cancel coverage at any point so never feel that you are permanently stuck with any particular company for a certain time period.
Smart consumers save more
People who switch companies do it for a variety of reasons including delays in paying claims, an unsatisfactory settlement offer, denial of a claim and questionable increases in premium. It doesn’t matter why you want to switch finding a new company is not as difficult as it may seem.
We just covered some good ideas how to lower your Chevy Cobalt insurance car insurance rates in Las Vegas. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the best car insurance rates are with a company that doesn’t do a lot of advertising.
When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. Too many times, drivers have reduced physical damage coverage and found out when filing a claim that it was a big mistake. The aim is to buy enough coverage for the lowest price while still protecting your assets.
More information is available at the links below
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- What Auto Insurance is Cheapest for Handicapped Drivers in Las Vegas? (FAQ)
- Who Has Cheap Las Vegas Car Insurance Rates for Police Officers? (FAQ)
- What Auto Insurance is Cheapest for a Chevrolet Silverado in Las Vegas? (FAQ)
- Who Has the Cheapest Las Vegas Auto Insurance for a Honda Accord? (FAQ)
- Who Has the Cheapest Las Vegas Auto Insurance for a Subaru Outback? (FAQ)
- Parking Tips to Reduce Door Dings (State Farm)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Five Mistakes to Avoid (Insurance Information Institute)